TITLE

Decision on examiner waits in Station case

AUTHOR(S)
Knightly, Arnold M.
PUB. DATE
October 2009
SOURCE
Las Vegas Business Press (10712186);10/12/2009, Vol. 26 Issue 41, pP13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the hearing for the bankruptcy case involving Station Casinos (SC) was postponed by Judge Greg Zive. Accordingly, the decision would give the judge more time in deciding whether to approve the request from a group of lenders to appoint an examiner who would overlook the details of the case. The lender group accuses SC of having conflicts of interest upon rejection of the offer made by Boyd Gaming Corp. to buy its assets. The group also questions the arrangement of the buyout's financing for SC.
ACCESSION #
44656992

 

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